National Foods Stock Market Capitalization
| NATF Stock | 185.93 0.09 0.05% |
National Foods fundamentals help investors to digest information that contributes to National Foods' financial success or failures. It also enables traders to predict the movement of National Stock. The fundamental analysis module provides a way to measure National Foods' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to National Foods stock.
National |
National Foods Company Market Capitalization Analysis
National Foods' Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
| Competition |
Based on the recorded statements, the market capitalization of National Foods is about 0.0. This indicator is about the same for the Consumer Staples average (which is currently at 0.0) sector and about the same as Food Products (which currently averages 0.0) industry. This indicator is about the same for all Pakistan stocks average (which is currently at 0.0).
National Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses National Foods' direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of National Foods could also be used in its relative valuation, which is a method of valuing National Foods by comparing valuation metrics of similar companies.National Foods is regarded fifth in market capitalization category among its peers.
National Fundamentals
| Revenue | 45.53 B | |||
| EBITDA | 5.03 B | |||
| Net Income | 2.42 B | |||
| Total Debt | 511.59 M | |||
| Cash Flow From Operations | 1.45 B | |||
| Total Asset | 27.09 B | |||
| Z Score | 1.0 | |||
| Net Asset | 27.09 B |
About National Foods Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze National Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of National Foods using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of National Foods based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with National Foods
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if National Foods position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in National Foods will appreciate offsetting losses from the drop in the long position's value.Moving together with National Stock
| 0.88 | FFL | Fauji Foods | PairCorr |
| 0.77 | KSBP | KSB Pumps | PairCorr |
| 0.91 | MARI | Mari Petroleum Earnings Call This Week | PairCorr |
| 0.81 | LOADS | Loads | PairCorr |
The ability to find closely correlated positions to National Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Foods when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back National Foods - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling National Foods to buy it.
The correlation of National Foods is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as National Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Foods moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for National Foods can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in National Stock
National Foods financial ratios help investors to determine whether National Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in National with respect to the benefits of owning National Foods security.